Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costs

The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.

Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costs

⏳ Reading Time: 3 minutesWhile discussing reincarnation, the US political strategist, James Carville, famously said that he “would want to come back as the bond market. You can…

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worries